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Al Kasir Group launches Diamond Trading on Blockchain

April 26, 2018 UAE Business 0

Members of the Private Office of H.H. Sheikh Ahmad Bin Obaid Al Maktoum L.L.C., AL KASIR JEWELLERY TRADING L.L.C. and AL KASIR PORTAL L.L.C. announced the launch of Diamond Trading on Blockchain with three Diamond-backed Blockchain-Assets. These Assets are stored in highly secure Digital Blockchain Wallets. Read more

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GAC Dubai Wins FMCG Supply Chain Of The Year Award Again

April 26, 2018 UAE Business 0

For the second consecutive year, GAC Dubai has been named the FMCG Supply Chain of the Year in the illustrious Logistics Middle East Awards. The 2018 award, like last year’s, acknowledges the company’s outstanding service to the Middle East’s busy Fast Moving Consumer Goods (FMCG) sector. Read more

Abu Dhabi Fund for Development Finances US$192 Million Sheikh Khalifa bin Zayed City in Afghanistan

April 23, 2018 UAE Business 0

His Excellency Mohammad Ashraf Ghani, President of Afghanistan, inaugurated the Abu Dhabi Fund for Development (ADFD) financed Sheikh Khalifa bin Zayed City Housing Complex in Afghanistan. Located in the Qasaba district of Afghanistan’s capital Kabul, ADFD contributed an estimated US$192 million to the social housing development project. Read more

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Expert Says UAE is a Leading Healthcare Destination in the Region

April 13, 2018 UAE Business 0

Speaking on World Health Day, Dr Yehia El Gabbani, Hospital Director of Emirates Hospital-Jumeirah, said the UAE healthcare market’s innovative progress make it the leading healthcare destination in the MENA region. The country has seen a surge in new specialised services and treatments for residents and innovative products such as surgical robots, augmented reality systems, and artificial intelligence. Read more

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Abu Dhabi Launches Six Historic Oil and Gas Licensing Opportunities

April 12, 2018 UAE Business 0
  • Major onshore and offshore blocks across the emirate opened for new competitive bidding round
  • Estimates suggest blocks contain substantial amounts of oil and gas
  • Successful bidders will have the opportunity to explore, and then develop and produce discoveries with ADNOC
  • Prospective partners invited to register interest for an invitation to international roadshow presentations on new blocks

 The Abu Dhabi National Oil Company (ADNOC) announced, today, as part of Abu Dhabi’s first ever block licensing strategy and on behalf of the Supreme Petroleum Council (SPC), the details of the initial round of six geographical oil and gas blocks open for bidding. This follows the announcement last month by His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO that Abu Dhabi was to launch its first ever competitive exploration and production bid round. Read more

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Sleep Fine to open new factory in Sharjah in 2020 to increase production capacity

March 29, 2018 UAE Business 0
  • New facility to enable company to secure larger market share in UAE
  • Production of novel and innovative foam bed products also in the pipeline

Sleep Fine, a well-respected household brand under the family enterprise Three Stars Foam Factory, has announced that it will open its new state-of-the-art factory in Sharjah in 2020 to increase its production capacity. The soon-to-rise facility will enable Sleep Fine to secure a larger market share amid rising demand for high-quality and sophisticated foam bed products. Read more

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Former Polish President Calls on Europe to Follow Example of Sharjah in Government Communication at IGCF

March 29, 2018 UAE Business 0

The 7th International Government Communication Forum (IGCF), organised by the International Government Communication Centre of Sharjah Government Media Bureau, opened its second day at Expo Centre Sharjah with speeches by the guest of honour Lech Wałęsa, former President of Poland, and HE Tariq Saeed Allay, Director of Sharjah Government Media Bureau. The opening session was moderated by Maqsoud Kruse, Executive Director of “Hedayah”. Read more

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RAK Properties’ AGM Approves Increase of Cash Dividends To 6% For 2017

March 20, 2018 UAE Business 0

RAK Properties PJSC held the second annual general meeting of shareholders last Saturday at Double Tree by Hilton Resort & Spa Marjan Island. The meeting reviewed and approved the Board of Directors’ report on the company’s activities, the auditor’s report for the 2017/18 fiscal year, the corporate balance sheet, and the profit and loss account. They also presented current and future projects. Read more

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ADCB Participates in Careers UAE 2018

March 11, 2018 UAE Business 0

Abu Dhabi Commercial Bank “ADCB” announced its participation in Careers UAE Exhibition 2018 to be held at Dubai World Trade Centre from 13th to 15th March, 2018 under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. Read more

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Julphar Targets Double-Digit Growth in 2018

March 11, 2018 UAE Business 0

Julphar reviewed non-audited preliminary financial results for 2017 and forecasts for 2018, following its Board of Directors’ meeting, which was chaired by His Highness Sheikh Faisal Bin Saqr Al Qasimi, Chairman of the Board of Julphar. Read more